Trouble mounted for Rotomac magnate as the CBI arrested owner Vikram Kothari and his son Rahul on Thursday after three days of questioning, media reports said. The CBI on Thursday continued questioning Rotomac owner Vikram Kothari and his son Rahul in connection with the Rs 3,695 crore loan default case, IANS said.

File photo of Vikram Kothari. News18 Hindi

A senior Central Bureau of Investigation (CBI) official confirmed that the two were being questioned again on Thursday. This is the fourth consecutive day of their questioning. On the first two days, the probe agency quizzed them and searched their residences and office premises in Kanpur, Uttar Pradesh.

Wednesday's questioning went on for over nine hours as the Income Tax Department attached four immovable properties of Kothari, three in Kanpur and one in Ahmedabad, Gujarat. Besides the two, the pen company owner's wife Sadhana, staff and housekeeper were also questioned after the Bank of Baroda filed a complaint of loan default against the Kotharis on Sunday night. Several belongings, including their laptops and mobile phones, were confiscated by the agency on Tuesday.

A consortium of seven banks had extended multi-crore credits to the Kanpur-based firm and its related companies from 2008 onwards. Kothari is the chairman and Managing Director of Rotomac, while his wife and son are directors of the company.

A senior CBI official told IANS: "Kothari and his son (Rahul) arrived in Delhi on their own. Thus they are being questioned in Delhi."